Former New York Gov. David Paterson is reinventing himself as a Wall Street broker, and is in celebrated company.

The state’s 55th governor, in office from 2008 to 2010, has joined the Stifel, Nicolaus team of Moldaver, Paterson, Lee and Chrebet Group in New York City.

The team manages $2 billion in assets. And players include the ex-New York Jets wide receiver Wayne Chrebet, and Mary Sliwa, former wife of Guardian Angels’ founder Curtis Sliwa. (Paterson has been romantically linked to Ms. Sliwa.)

But the celebrations last week were on the muted side after Stifel announced Paterson’s appointment. Paterson’s Finra BrokerCheck history has a still-pending 2014 investigation of him by the Securities and Exchange Commission.

“I have been notified by the SEC that, in connection with a board appointment I received, certain stock grants given me were not timely reported to the SEC,” Paterson declared, according to a brief note on his record.

The SEC declined comment. A person answering the phone at Stifel’s Moldaver office said it was not his position to comment. Reps for Stifel did not return calls for comment.